Textile, Leather and Clothing
Main results
73% increase in recurring EBITDA, approx. BRL 75MM
Recovery of PIS/COFINS in the order of R$ 8.4 MM.
Greater product mix and bolder collections supported by better control of sales execution allowed the recovery of sales in traditional customers in Brazil.
Significant margin increase in sales in the European and US markets with better collections, greater focus on customer management.
Significant margin increase in core operations with staff and administrative reductions and in factories and other operational improvements.